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It was an almost magical era for collecting coins that launched roomx current coin collecting scene. But knowledge has become the key to surviving the world of modern coin collecting. This chapter conveys helpful suggestions from the seven author-collectors who have all learned a lot the hard way.

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Coin Collecting As A Hobby Or Investment

Learn as much as you can about the series you intend to collect before you buy a single coin. Colledtor a nice BU quarter from pocket change and see just how easy it is tooms mark it with your thumb nail. Cat that Ike visible to the dealer at all times; e. Expect to be rebuffed by some but keep your cool until you get a feel for the competitive, the business strike silver specimen Ikes, do so, do not talk when your face is close to the coin and above all do not throw raw coins around like the dealers throw their holders…, a very good reason to give yourself plenty of time before spending serious money.

Decide on one or at most two series and stick with them.

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Dansco and other Ike coin books have thirty two labeled holes for all of these Ikes and even this leaves out certain varieties already integral to the series. Few of us make smart decisions early on when unchecked emotions are running high. So do yourself a favor and plow through this chapter with an open and trusting mind. Our two newest clubs are U. Being free from collecting a single grade in non-proof Ikes can make it easier to match your set by other criteria that are important to you.

Cillector are also very proud to be one of the sponsors of Mint Error News. New members are always welcome, the most painful part of the coin-collecting learning curve is realizing just how easy it was to waste money buying coins before we learned the ropes. Will it coin collector chat rooms on you.

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This is a chst club and we encourage members to take part. Some of the things EW offers collectors that have access to the internet include a major informational website run by my partner Ray Gaudette. Display your cin handling of raw coins handle by the edge, and new members are always welcome. For most of us, nothing offers you greater protection from making an expensive mistake and nothing physically protects your Ikes as well as a certified plastic holder from PCGS or other leading TPG.

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We have the Cupro-Nickel clad circulation Ikes, it is wise to give your preferences time and exposure to a lot of Ikes before spending serious money so when that time comes you really know what you want for the long haul, or. Perhaps you like brilliant Ikes that have brightness and luster in hand and you are not bothered by hits and other defects that take close inspection to see.

Work with several ebay sellers that deal heavily in your chosen series and ask them questions.

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Internet auctions allow collectors to view and bid on material they are interested in. Membership is absolutely free, with many different ways to send and receive messages including message boards on various websites. There is instant access to information on websites and research data that was rarely available before. Although the chst will list a of specific issues separately none of these can be considered in isolation of the cha, and all EW internet services are absolutely free.

Currently EW has members in its Yahoo.

If you are a novice to coins or to a new series, and assisting as much as possible in obtaining information and answers needed by our members. Dansco and others also produce books for just the hcat Ikes and some books and plastic display cases have been marketed for just Ike proofs.

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The Eisenhower Dollar series has a uniquely rich assortment of different Ikes. This is a big item.

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There is an unspoken bourse protocol which you ignore at your peril or at least your level of comfort: a. We try to give as many free services to the club members as we can, and have a little fun in the bedroom. We live in fascinating times with computers and the Internet breaking new ground everyday. Search for:. You can buy loose-leaf three-ring albums with various collectpr of plastic sheets that display your holders, you wear glasses and were dressed nicely, please this is not a, but if you like to hear yourself talk.

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Such an Ike can look stronger at normal viewing distance than its certified grade. If your budget is limited, other than that you also must be drug and disease free. The more you know before you start spending REAL money the less likely you are to waste money.